Metro Bank needs some big ideas to move on up

Linda J. Dodson

Unfortunately Metro’s half-year results were a blizzard of bad news, with seemingly all of the numbers going in the wrong direction. There was the £112m provision for bad loans, pushing it to what one analyst called an “eye-watering” £241m pre-tax loss. Its net interest margin, a key measure of profitability, […]

Difficult second decade ahead for Metro Bank

Linda J. Dodson

One fast-track ticket to growth could be through takeovers. Sources said the board will this week decide on whether to snap up peer-to-peer lender Ratesetter, which matches those who want to borrow with those who want to lend and, like Metro, was founded in 2010. The board has been weighing […]